Mixed-use apartment building proposed for Central Avenue near 34th Street
/
A team of developers has closed on the purchase of a large shopping plaza located at the crossroads of Central Avenue and 34th Street in St. Petersburg’s Union Central District.
St. Pete-based real estate developers Blake Investment Partners and Eastman Equity along with Virginia-based developer Kettler have closed on the Central Plaza Shopping Center at 3365 Central Avenue for $13.3 million.
The three-acre shopping center occupies two city blocks along Central Avenue between 32nd Street and 34th Street. Currently, the retail center has 73,200 leasable square feet and is home to several tenants including a Family Dollar, Hibbett Sports, Citi Trends, and Octapharma.
Read More
Pre-leasing is set to begin Saturday, August 15th, with move-ins scheduled after the new year at the first apartment community in Sky Town, an $800 million mixed-use development underway in St. Petersburg’s Skyway Marina District.
The 401-unit iMMiX Apartments, located at 3201 34th Street South, are part of the first phase of the 34.3-acre development being built on the former Ceridian office campus.
Once complete, Sky Town will include 2,084 apartments, 69,000 square feet of retail anchored by a 23,000-square-foot Sprouts Farmers Market, and 120,000 square feet of self-storage across six phases.
Coral Gables-based Altis Cardinal, led by developer Frank Guerra, broke ground on the iMMiX Apartments in September 2025, with Jacksonville-based Summit Contracting Group serving as general contractor.